Al-Etihad Cooperative Insurance Third Quarter 2024 Earnings: EPS: ر.س0.08 (vs ر.س0.16 in 3Q 2023)

Al-Etihad Cooperative Insurance (TADAWUL:8170) Third Quarter 2024 Results

Key Financial Results

• Revenue: ر.س351.9m (up 14% from 3Q 2023).
• Net income: ر.س3.87m (down 53% from 3Q 2023).
• Profit margin: 1.1% (down from 2.7% in 3Q 2023). The decrease in margin was driven by higher expenses.
• EPS: ر.س0.08 (down from ر.س0.16 in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Al-Etihad Cooperative Insurance shares are down 5.1% from a week ago.

Risk Analysis

We should say that we've discovered 4 warning signs for Al-Etihad Cooperative Insurance (1 doesn't sit too well with us!) that you should be aware of before investing here.

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